795 E 42nd Place, Los Angeles, California 90011, Los Angeles, - bed, bath

About this home
Incredible Income Opportunity in South LA that MUST BE SEEN! Welcome to the seller's SPACIOUS HOME with a LOWER PRICE offering MULTI-UNIT-STYLE living with excellent rental income POTENTIAL. Perfect for investors or extended FAMILIES, this versatile property is located just minutes from Downtown LA. The Residence features 3 Master Bedrooms and multiple living spaces including ( 4-Great BEDROOMS and 3-BATH ) 1-Bed, 1-Bath is on the Main Floor. RARE INVESTMENT opportunity! that on the First Floor one master bedroom has been converted into a Studio Apartment with its own kitchenette, on the Second Floor Conversion, one master bedroom has been converted into a 2-Bedroom, 1-Bath UNIT with its own combined living-dining area. Each Living Space Features its OWN SEPARATE ENTRANCE, providing FLEXIBLE USE options: Such as Multi-Family Living with 3,027 Sqft, 2 reliable income streams already in place or a better future just generating INCOME. PLUS a beautiful elevated cityscape VIEW of Los Angeles Skyline. PARKING!! 6 GATED PARKING SPACES in the back and carport for two, an ample front yard, with driveway for EXTRA parking in the front. A (LAR2 Zoned) Lot offers further potential for ADU or expansion (buyer to verify with city). This is a RARE find with FLEXIBLE use options and reliable income streams already in place. Conveniently located near major freeways, schools, public transportation and local amenities.
Nearby schools
Price History
| Subject | Average Home | Neighbourhood Ranking (31 Listings) | |
|---|---|---|---|
| Beds | 0 | 3 | |
| Baths | 0 | 2 | |
| Square foot | 3,027 | 1,219 | 94% |
| Lot Size | 5,192 | 5,174 | 50% |
| Price | $995K | $550K | 94% |
| Price per square foot | $329 | $498 | 9% |
| Built year | 2007 | 9555956 | 97% |
| HOA | |||
| Days on market | 15 | 194 | 3% |

